Quanna Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 12176585

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		946		1,892

			946		1,892
CURRENT ASSETS
Stocks	5	17,547		21,966
Debtors	6	1,322		30,360
Cash at bank and in hand		7,771		49,127

		26,640		101,453
Creditors: Amounts Falling Due Within One Year	7	(5,814 )		(98,231 )

NET CURRENT ASSETS (LIABILITIES)			20,826		3,222

TOTAL ASSETS LESS CURRENT LIABILITIES			21,772		5,114

Creditors: Amounts Falling Due After More Than One Year	8		(107,660 )		(21,460 )

NET LIABILITIES			(85,888 )		(16,346 )

CAPITAL AND RESERVES
Called up share capital	9		123		116
Share premium account			434,977		299,984
Profit and Loss Account			(520,988 )		(316,446 )

SHAREHOLDERS' FUNDS			(85,888)		(16,346)

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Quanna Limited

Balance Sheet (continued)

As At 31 August 2024

For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Dr Dmitry Loktionov

Director

12/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Quanna Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12176585 . The registered office is 195-199 Knightsbridge, London, SW7 1RH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are the web site development It is amortised to profit and loss account over its estimated economic life of five years.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 2)

4. Intangible Assets

	Other
	£
Cost
As at 1 September 2023	4,730

As at 31 August 2024	4,730

Amortisation
As at 1 September 2023	2,838
Provided during the period	946

As at 31 August 2024	3,784

Net Book Value
As at 31 August 2024	946

As at 1 September 2023	1,892

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Quanna Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2024

5. Stocks

	2024	2023
	£	£
Finished goods	17,547	21,966

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	346	4,274
Prepayments and accrued income	-	14,153
Other debtors	976	-
VAT	-	11,933

	1,322	30,360

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
VAT	383	-
Other creditors	-	95,000
Accruals and deferred income	5,431	3,231

	5,814	98,231

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Other loans	85,000	-
Directors loan account	22,660	21,460

	107,660	21,460

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	123	116

On 29 October 2023, the company alloted and issued 60,916 ordinary B shares at £2.052002 per share for value received and 4,873 B ordinary shares at £2.052002 per share for cash. The creation of new shares during the year resulted in an increase in the share premium account of £134,993 to a total of £434,977 (2003 - £299,984).

On 21 September 2022 the 100 ordinary shares of £1 each were sub-divided into 1,000,000 ordinary shares of £0.0001 each. On 26 January 2023 a further 111,110 ordinary shares of £0.0001 were issued at £1.80 per share. On 28 February 2023, 46,296 ordinary B shares of £0.0001 were issued at £2.160002 per share. The creation of new shares during the year resulted in a share premium of £299,984.

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